National Australia Bank kills off stablecoin project
NAB started work on the AUDN stablecoin in 2022 and thought clients would use it to settle cross-border…
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eAUD
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Australia pilots offline CBDC, but challenges hinder real-world deployment
Australia’s central bank digital currency pilot achieves offline payments, but mass adoption faces hurdles due to card reluctance…
Mastercard pilot in Australia demonstrates how CBDC could wipe out stablecoins
Mastercard demonstrated how a digital Australian dollar can be “wrapped” and deployed on various public blockchains, competing with…
Australia records first FX transaction with CBDCs as trial gathers steam
Blockchain infrastructure provider Canvas broke the news on May 17, noting that two digital asset fund managers, DigitalX…
Australia marks first FX transaction using a CBDC as eAUD pilot continues
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer…
Australian CBDC receives unexpected interest but could hurt banks: RBA
The pilot „eAUD” program is unique in that the Reserve Bank of Australia has not proposed use cases,…
Digital assets could add $40B a year to Aussie GDP: Tech Council report
A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian…